Fluid Loss Additives Market - Global Forecast to 2024

7/15/2019, 10:06 AM (Source: GlobeNewswire)

Dublin, July 15, 2019 (GLOBE NEWSWIRE) -- The "Fluid Loss Additives Market by Type (Synthetically Modified Natural (PAC, CMC), Synthetic (Acrylic Sulphonated Polymers), Natural (Starch, Lignin, Bentonite)), Application (Drilling Fluid, Cement Slurry) - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Fluid Loss Additives Market is Estimated to Grow from USD 315 Million in 2019 to USD 376 Million By 2024, at a CAGR of 3.6%

Fluid loss additives are used to reduce the loss of filtrate during well cementing and drilling operations in the oil & gas industry. These additives are generally mixed with cement slurry and drilling fluid, which help to improve the cementing and drilling efficiency. These additives are mixed in very small quantities. There are three types of fluid loss additives, namely, synthetically modified natural, synthetic, and natural additives.The growth of the fluid loss additives market is primarily triggered by the increase in crude oil production.

The fluid loss additives market is dominated by the key market players such as the Schlumberger Limited (US), Halliburton (US), Newpark Resources Inc. (US), BASF SE (Germany), Clariant (Switzerland), Kemira OYJ (Finland), Solvay (Belgium), and Nouryon (Holland) among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Significant Opportunities in the Fluid Loss Additives Market
4.2 Fluid Loss Additives Market Size, By Region
4.3 North America Fluid Loss Additives Market, By Application and Country
4.4 Fluid Loss Additives Market Size, By Application
4.5 Fluid Loss Additives Market Attractiveness
4.6 Fluid Loss Additives Market Size, By Type and Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increasing Crude Oil Production Increase in Shale Gas Exploration
5.2.2 Restraints Environmental Impact
5.2.3 Opportunities Increasing Focus on Deep and Ultra-Deepwater Drilling
5.3 Porter's Five Forces Analysis
5.4 Industry Outlook
5.4.1 Oil & Gas Industry

6 Fluid Loss Additives Market, By Type
6.1 Introduction
6.2 Synthetically Modified Natural Additives
6.2.1 PAC and CMC are the Most Common Types of Fluid Loss Additives
6.3 Synthetic Additives
6.3.1 Low Price Drives the Synthetic Fluid Loss Additives Market
6.4 Natural Additives
6.4.1 Demand for Starch and Lignine to Drive the Market

7 Fluid Loss Additives Market, By Application
7.1 Introduction
7.2 Drilling Fluid
7.2.1 High Consumption of Drilling Fluid Across the Globe is Driving the Market
7.3 Cement Slurry
7.3.1 Increased Need for Gas Migration Control to Drive the Market

8 Fluid Loss Additives Market, By Region

Company Profiles

Key Players

  • Schlumberger Limited
  • Halliburton
  • Nouryon
  • Newpark Resources Inc.
  • Kemira OYJ
  • Clariant
  • Solvay
  • Global Drilling Fluids and Chemicals Limited
  • Tytan Organics Pvt. Ltd.

Other Key Players

  • The Dow Chemical Company
  • Omnova Solutions
  • Aubin Group
  • Chevron Phillips Chemical Company
  • Innospec
  • Ashland
  • Universal Drilling Fluids
  • Sekisui Specialty Chemicals America
  • Tianjin Kelioil Engineering Material and Technology Co., Ltd.
  • Elkem Asa
  • Alwintec (Alwaad International Company)
  • Unikem
  • Dosas (Dutch Oilfield Supply and Services)
  • Ineos

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Related Topics: Oilfield Chemicals

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